# Bitcoin Selling Above $80,000 Coincides With Earlier Local Lows

By Enna Lee

Canonical URL: https://www.tokenpost.com/news/investing/33623
Published: 2026-10-17T01:11:51.000Z
Updated: 2026-10-17T01:11:51.000Z
Section: Investing

> The Oct. 15 episode followed similar selling bursts in early and mid-August and mid-September, which coincided with price declines and local bottoms.

Bitcoin (BTC) sellers capitulated above $80,000 on Oct. 15, a pattern that has coincided with local price lows during earlier bursts.

Comparable bursts in early and mid-August and mid-September coincided with price declines and local bottoms. Profit-taking has eased since its September peak.

The recent episode may signal a possible floor.